XRP coin’s price movement is exhibiting heavy upside momentum. Today, the price has climbed to $0.236 from the opening price of this year, which was around $0.192. The improvement took place in 15 days. If the same trend continues then, the traders might be seen recovering from the previous losses.
Ripple was spotted making new high over the last two days. The price breached the 30-days high and set a new at $0.241. The volume marked yesterday was at $2,639,844,916.
XRP Targets $0.246 Resistance Amid Bullish Swings
Yesterday, Ripple coin started dealing at $0.211, and then, the price jumped to $0.223 by 5.88%. The price slipped to $0.219 by a moderate fall of 2.15%. The coin jumped to $0.226 by 3.40% and in the next 4 hours, the XRP price dropped again to $0.221. Later, the Ripple price jumped to $0.243 by a huge hike of 10.14%. The closing hours created a pullback that brought the coin to $0.231 by 5.02% fall. The intraday movement reflected a 9.30% progression.
Today, Ripple crypto started the day with an upsurge. The price jumped to $0.241 by 4.60%. Then, the price dropped to $0.226 by 6.20%, and in an hour, it recovered and touched $0.236 by 4.68% hike. Later, the XRP price slipped to $0.230 and improved again to $0.238.
As per the current momentum, Ripple coin may breach the immediate resistance level is at $0.246. If the current momentum remains intact, the next resistance level at $0.259 is likely to be violated in the upcoming days. However, if XRP reverses its trend, then the coin would get immediate support level at $0.217.
| Resistance Level | Price | Support Level | Price |
| R1 | $0.246886 | S1 | $0.21743 |
| R2 | $0.259086 | S2 | $0.20018 |
| R3 | $0.276339 | S3 | $0.18798 |
As per XRP Forecast, the coin is recommended for long-term investors. The specified period would bring the desired result to the traders.
